The US Department of Energy (DOE) has shortlisted the projects to receive US$325 million for long-duration energy storage (LDES), with technology providers including Energy Dome, Invinity, Form Energy and Redflow.
Volvo Energy, part of the automotive and engineering company Volvo Group, and UK-based second life BESS firm Connected Energy have signed a letter of intent to jointly develop a BESS solution.
New regulations governing the production, sale and use of batteries in the European Union (EU) came into force last month, with energy storage industry associations welcoming their introduction.
Automotive OEM Jaguar Land Rover and Wykes Engineering have deployed a 2.5MWh second life battery energy storage system (BESS) using EV batteries, and aims to expand it to 7.5MWh by the end of 2023.
Second life energy storage firm Stabl has raised €15 million, while its CEO told Energy-Storage.news the second life market will “struggle with the deteriorating performance of their systems in the coming years”.
An energy storage news roundup from Germany, including 10MWh-plus projects from Tesvolt and Wirsol Roof Solutions and a €5 million fundraise by second life firm Voltfang.
New company Allye Energy has raised £900k (US$1.1 million) to scale up production of its mobile battery energy storage system (BESS) using second life EV batteries.
We caught up with Cling Systems, a B2B trading platform for end-of-life lithium-ion batteries which has seen 400MWh of volumes in aggregate for second life energy storage to-date.
Significant partnerships in Germany have been struck on second life energy storage and large-scale deployments, by ABO Wind and Tricera, and Kyon Energy and Obton, respectively.